$300 Million Dairy Settlement Will Bring Reform, Lawyer Says

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Feb. 19 (Bloomberg) -- Robert Abrams, Chair of the Antitrust Group at Baker & Hostetler LLP, talks about his representation of a certified class of southeastern dairy farmers in the recently announced $158.6 million settlement of an ongoing antitrust class action brought by the farmers against major milk producers. Total recovery for the dairy farmers in this matter is more than $300 million.

Abrams, speaking with Bloomberg Law's Spencer See more +

Feb. 19 (Bloomberg) -- Robert Abrams, Chair of the Antitrust Group at Baker & Hostetler LLP, talks about his representation of a certified class of southeastern dairy farmers in the recently announced $158.6 million settlement of an ongoing antitrust class action brought by the farmers against major milk producers. Total recovery for the dairy farmers in this matter is more than $300 million.

Abrams, speaking with Bloomberg Law's Spencer Mazyck in this "Rainmakers" episode, also explains why there has been an increase in criminal antitrust enforcement actions under the Obama Administration.

(Source: Bloomberg)

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Topics:  Barack Obama, Big Law, Class Action, Competition, Dairy Farmers, Dairy Farmers of America, Dean Foods, FTC, Monopolization, Price-Fixing, Settlement, Unpasteurized Dairy Products

Published In: Antitrust & Trade Regulation Updates

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